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"This company will be disciplined and margin-focused, not simply production-driven," says Pacific Chairman Gabriel de Alba.

Pacific believes the affected common shares will be listed on the Toronto Stock Exchange on November 3

This represents at least the second unexpected delay this month for Pacific Exploration in finalizing its restructuring plan.

The AIG sale of its business in Colombia to Fairax should spell good news for Lloyd's office in the capital.

Pacific Exploration said its arrangement with Catalyst will close on October 12, "assuming satisfaction or waiver of the remaining conditions."

"Demining is an essential part of rebuilding in the wake of what has been this longest-running war," said John Kerry.

"Its inclusion in both indices is a reflection of the hard work and dedication of our employees,” said company CEO Ari Sussman.

Bellhaven Copper & Gold operates its "flagship" project, La Mina, in Colombia's "Middle Cauca Belt."

Canada's pledge is the latest in a series of international commitments, including a $450 million USD commitment from the United States.

“EIG’s binding proposal is undeniably superior and is clearly in the best interests of creditors, the company, and its other stakeholders," said EIG CEO Blair Thomas.